News: Front Section

Bergin of Pearce Commercial sells 20-26 Quick Rd. for $470,000

John Bergin,
Pearce Commercial

Milford, CT According to Barbara Pearce, CEO and president of Pearce Real Estate, John Bergin, senior commercial specialist for Pearce Commercial, has sold the 5,807 s/f industrial structure at 20-26 Quirk Rd. for $470,000.

The building contains two units, one leased by a medical laboratory and the other to be used by the buyer. The property sits on .45 acres. 

The seller was Maiorano Holdings LLC of Bethany, CT and was represented by Bergin and attorney Carl Porto of Parrent, Porto & Colwell PC. 

The buyer, Duane Field, was represented by James Montanaro of Coldwell Banker of Orange and Attorney Tony Dicrosta.

Pearce Real Estate is a local, independently owned, full-service real estate company with more than 100 agents and 8 offices in the greater New Haven and Shoreline areas for your convenience.

MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.